And you're such an idealist - you're here mining free money, ahahhahahaaa, is that the honest hard work you're referring to, you honest hard worker you? Cause plugging in your computer and going to bed and waking up richer overnight for doing ZERO Work and then not even paying a single cent in taxes on that free easy money you did nothing to earn earn out of the thin air you claim to be so against, is exactly the opposite of the phony idealist you're portraying yourself to be.
Explain what mining does or what its purpose is. Show us that your "16 hours per day" is worth something.
One more thing about ZOG and the US not being a world government.
I'm actually not missing anything. I took a full year of political science in college not cause I needed it, simply cause I wanted a full picture when it came to economics. Just trust me that it's you missing it all. Many countries right now, including the mighty china are working on a plan for a global currency and the easiest way to logistically distribute and control such a huge change is via a digital currency.
And no, the US alone with a Simple Directive Order would take over and do whatever it wants with bitcoin. You act as if bitcoin is owned by Russia or backed by something besides a few thousands geeks with weak programming skils.
No, it's owned by no one. It goes beyond any individual country. That's what makes it revolutionary. Explain how a "simple" directive order would take over Bitcoin. You already said that a hard fork would make a government takeover imminent, which shows how little you know about cryptocurrencies. I would say this is a poor use of your daily 16 hours.
If bitcoin want made by the state it would be dead by now. Another thing you're missing and not me, no country can have a successful currency with a thousand other currencies undermining its own dollar. But you'd have to stop talking to bears and take some poly-sci classes and some economics classes to start getting the picture. Or here's an idea, I listen to any programmer here cause I know they know more than me, maybe you should like, you know, listen to educated people with experience when they know a lot more than you about a subject matter.
How could political science teach you about cryptocurrencies and how government could eliminate them? This is untreaded ground. There is nothing like this, and we have yet to see what will happen. Do you understand that an intangible good like Bitcoin is magnitudes more difficult to regulate? Gold is much easier to regulate because people would hold them in banks because it is so unwieldy and in general are much easier to confiscate because of how difficult it is to transport. This is a whole new ballgame, one that the old farts in government know nothing of.
Bitcoin, and its hashpower, have been hoarded beyond repair thanks to their well executed plan which has hijacked this revolution. If the highest levels of power were not involved, asics would not have been given the go ahead and the technology would have been supressed.
ASICs required the go-ahead to be developed? There are Chinese companies making ASICs. Do you really think they asked the CIA for permission?
TMSC is basically a monopoly and Chinese companies make everything anyways. lol..
Did you forget how Sony needed Japanese (in other words US) military approval for the laser(s) used in the PS2/3 ?
HT xD
Are you sure it's not just FCC/CE certification? That's much more typical.